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Record Drop in Ethereum Gas Fees Marks Historically Bullish Signal For ETH, Analyst Says

The fees represent a more than 95% drop from the 83.1 gwei levels in March, when the network saw a spike in activity.

Updated Aug 16, 2024, 5:01 p.m. Published Aug 16, 2024, 11:27 a.m.
Sign saying fee area ahead on a background of desert shrubland
(Joseph Sohm/Shutterstock)